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Samsung is a leading global manufacturer that competes with Apple and Google. Key financial figures for Samsung, Apple, and Google follow. $ millions Samsung Apple

Samsung is a leading global manufacturer that competes with Apple and Google. Key financial figures for Samsung, Apple, and Google follow.

$ millions Samsung Apple Google
Current Year Prior Year Current Year Current Year
Average assets $ 296,845 $ 282,723 $ 352,121 $ 254,351
Net income 18,653 38,049 55,256 34,343
Revenues 197,691 209,163 260,174 161,857

Required:

1. What is the return on assets for Samsung in the (a) current year and (b) prior year?

2. Does Samsung's return on assets exhibit a favorable or unfavorable change?

3-a. Is Samsung's current-year return on assets better or worse than that for Apple?

3-b. Is Samsung's current-year return on assets better or worse than that for Google?

image text in transcribed Complete this question by entering your answers in the tabs below. What is the return on assets for Samsung in the (a) current year and (b) prior year? Note: Round your percentage answers to one decimal place

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